Petro Daily Newsletter

Headline Scan Thursday -- August 16, 2012 LNG use can lead to big savings: Minister BPCL Announces Discovery of Hydrocarbons in Cauvery Onland in Tamil Nadu Brent oil hits three-month peak on shock slide in US stocks PNGRB to fix marketing margin on gas by interacting with entities Prime Minister unlikely to deregulate diesel Energy firms urge govt to extend NE Industrial and Investment Promotion Policy Govt may ask state-run SCI to haul Iran crude BPCL plans petcoke power plant Oil PSU firms losing Rs 1.37 a litre on petrol: Jaipal Reddy GAIL eyes stake in Russia's LNG plant Ecopetrol signs $1.2-billion oil deal with India's Essar Under-recoveries: real or pressure tactics? Oil discovery by ONGC in Tamil Nadu Venezuela boosts oil sales to China US must stop countries reflagging Iran ships-lawmakers China's Sinopec eyes stake in Texas power project U.S. natgas futures end up 4 pct after test of support Petobras to back Chevron, Transocean in Brazil oil fight See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   LNG use can lead to big savings: Minister NEW DELHI,  Liquefied natural gas may not be a substitute for crude oil, but its use for specific applications, in place of crude oil could ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039479   BPCL Announces Discovery of Hydrocarbons in Cauvery Onland in Tamil Nadu Bharat Petroleum Corporation Limited's fully owned subsidiary Bharat PetroResources Limited has sucessfully completed exploration in Madanam#3(NM... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039486   Brent oil hits three-month peak on shock slide in US stocks LONDON: Global oil prices rebounded Wednesday, with Brent hitting a new three-month high after a surprise slump in US crude stockpiles that indic... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039493   PNGRB to fix marketing margin on gas by interacting with entities New Delhi: After initial hiccups in getting data from companies, the oil regulator PNGRB has now decided to fix marketing margin on sale of natur... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039476   Prime Minister unlikely to deregulate diesel NEW DELHI: Prime Minister Manmohan Singh virtually ruled out diesel price deregulation for now as he referred to the government move to continue ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039477   Energy firms urge govt to extend NE Industrial and Investment Promotion Policy NEW DELHI: Energy firms such as ONGC, Oil India Ltd, Jubilant Energy and Assam Company have urged the government to include oil and gas explorati... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039478   Govt may ask state-run SCI to haul Iran crude Bangalore: India may instruct its biggest ocean carrier, Shipping Corp. of India Ltd, to bring crude from Iran after local tanker owners shunned ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039480   BPCL plans petcoke power plant Officials of Bharat Petroleum Corporation Ltd. (BPCL) had a discussion with Chief Minister Oommen Chandy here on Tuesday about the possibilities ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039481   Oil PSU firms losing Rs 1.37 a litre on petrol: Jaipal Reddy NEW DELHI: State-owned oil firms are losing Rs 1.37 a litre on petrol despite last month's Rs 0.70 per litre hike in price, Oil Minister S Jaipal... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039482   GAIL eyes stake in Russia's LNG plant NEW DELHI: State-owned GAIL India Ltd is interested in buying stake in Russia's planned 10 million tonne LNG plant at Vladivostok on the Pacific ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039483   Ecopetrol signs $1.2-billion oil deal with India's Essar Colombia's Ecopetrol will sell 12 million barrels of its Castilla crude oil to India's Essar Oil over a year, in a deal worth around $1.2 billion... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039484   Under-recoveries: real or pressure tactics? India's three state-owned oil firms —Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) — announced ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039485   Oil discovery by ONGC in Tamil Nadu New Delhi: State-owned Oil & Natural Gas Corp (ONGC) has made a crude oil discovery in an exploration block in Tamil Nadu, the company's juni... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039487   Venezuela boosts oil sales to China Caracas: Venezuela has increased oil sales to China to 640,000 barrels a day, the Andean nation's energy minister said. "Before, we never sold a ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039488   US must stop countries reflagging Iran ships-lawmakers WASHINGTON, U.S. lawmakers on Tuesday urged the U.S. government to take action against Tuvalu and Tanzania, countries accused of flouting U.S. sa... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039489   China's Sinopec eyes stake in Texas power project SINGAPORE, Oil giant Sinopec Corp along with Chinese banks are in talks to put up to $1 billion in a Texas clean energy project, in what would be... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039490   U.S. natgas futures end up 4 pct after test of support NEW YORK, U.S. natural gas futures ended higher on Tuesday, backed by incremental demand from several unexpected nuclear plant outages  coup... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039491   Petobras to back Chevron, Transocean in Brazil oil fight RIO DE JANEIRO, Brazil's state-led oil company Petrobras plans to back Chevron Corp and Transocean Ltd in their fight against an injunction that ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000039492   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here